Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Transport Equipment Market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.

Aircraft production expands by 8% in 2017 thanks to subcontracting of MRO activities and efforts to kick-start aircraft assembly. Transport equipment industry forecast to see 3% CAGR over period to 2022, thanks to anticipated improvements in car supply chain, expanding shipbuilding capacity, and aircraft production localisation. Shipbuilding industry posts recovery in 2017 thanks to strategic location of shipyards and recovered demand for oil tanker MRO. Expanding car production drives industry’s growth as automotive generates 85% of industry’s total turnover in 2017. Industry’s production value expands 7% in 2017 to SAR17.5 billion.

After decline in 2016, the transport equipment industry returned to growth in 2017. The industry’s growth was to a large extent driven by expanding automotive production, with the category generating 85% of the industry’s total production value in 2017. Saudi Arabia continued efforts to boost its automotive industry and attract new investments, however car and auto parts production remained small scale, and limited to commercial vehicles, while light vehicle assembly remained absent.

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